Banking & Finance

Last Updated on Thursday, 04 January 2018 20:57
Phelps
Thursday, 04 January 2018 20:57
Published on Thursday, 04 January 2018 20:57
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Dublin Business Journal Staff Report

January 2, 2018 - SunTrust Banks, Inc. is taking a series of actions to invest savings from tax reform in supporting the financial wellness of its workforce and communities.

“The anticipated benefits from tax reform allow us to build upon our purpose of Lighting the Way to Financial Well-Being in a sustainable way by implementing actions that will have a multi-year impact for many of the constituents that count on us,” said Bill Rogers, SunTrust chairman and CEO. “We believe tax reform will improve the competitiveness of American business and promote economic growth, and this gives us confidence to invest more in our company, our teammates and the communities we serve.”

SunTrust has made the following commitments:

$50 million in additional community grants to national and local financial well-being efforts

Introduced in 2016, the onUp movement led by SunTrust offers financial wellness resources and programs for both individuals and companies. To date, more than 2.5 million people have taken steps to reduce financial stress and achieve greater financial well-being.

SunTrust has a long history of investing in teammates and communities, while providing expertise and solutions for clients to achieve financial confidence. The company also gives all teammates a day off each year to focus on their personal finances, as well as paid time off to volunteer in the community.